PEO + OVERALL COST SAVINGS
Partnering with a PEO can help businesses gain access to big-company benefits, dedicated HR experts, and robust technology. All these services in a one-stop shop add up to major cost savings for your business. Take a look at these stats from the National Association of Professional Employer Organizations (NAPEO). Businesses that work with a PEO:
- Are 50% less likely to go out of business
- Have 10% to 14% less turnover
- Grow 7% to 9% faster
- Were 119% more likely to receive COVID-related PPP loans
Were 60% less likely to permanently close during the COVID-19 pandemic
According to NAPEO, average PEO clients can expect a return on their investment based on cost savings alone. The cost savings from using a PEO is an average of $1,775 per year per employee!
Setting up your own medical plans is expensive. Save money with Nextep’s master medical plan! Nextep large group plans provide top-tier benefits, which allows your company to attract and retain talented employees. Instead of accessing multiple websites and vendor accounts to manage administrative tasks, Nextep provides an all-in-one technology platform and one-of-a-kind mobile app. Nextep technology can help you manage administrative needs and the entire employee lifecycle anytime, anywhere, and on any device.
Creating and implementing workplace policies from scratch is no small task. Nextep’s experienced HR pros have workplace policy handbooks ready to go that can be customized to fit your business’ needs!
INVALUABLE GUIDANCE DURING HARD TIMES
TIME SAVED = MONEY SAVED
Often, entrepreneurs wear multiple hats, from owner and HR manager to payroll expert and more.
PEO + FINANCIAL TRANSPARENCY
And you can always count on Nextep’s no-fee-functionality promise and transparent billing.
At the end of the day, we’ve built our reputation on elevating the employment experience and enriching the lives of those we serve. To see how our powerful technology and friendly experts can help build a stable future for your business, take a look at this Nextep technology demo video!
*The IRS does not endorse any particular certified professional employer organization. For more information on certified professional employer organizations, please visit www.IRS.gov.